Prospects for Strengthening the Security of Ukraine’s Energy Supply through Development of Unconventional Natural Gas Production
The article presents an analysis of the American experience in development of natural shale gas in the US, identifies the causes that led to the shale revolution. Its current state is characterized by achieving the peak production simultaneously with shift in the emphasis from natural shale gas t...
| Main Authors: | , , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
PH "INZHEK"
2016-05-01
|
| Series: | Problemi Ekonomiki |
| Subjects: | |
| Online Access: | http://www.problecon.com/export_pdf/problems-of-economy-2016-2_0-pages-34_43.pdf |
| Summary: | The article presents an analysis of the American experience in development
of natural shale gas in the US, identifies the causes that led to the shale revolution.
Its current state is characterized by achieving the peak production
simultaneously with shift in the emphasis from natural shale gas to shale oil.
The potential technically extracted gas reserves as well as trends in terms
of the growth of conventional natural gas reserves and the development of
trade in liquefied natural gas are regarded as global preconditions for enlargement
of the shale natural gas output. Natural shale gas can be considered
as an alternative project only for liquefied natural gas while, compared
to pipeline gas, its production is uncompetitive. The national preconditions
for development of the industry of nonconventional natural gas production
are determined on the basis of the current trends in Ukraine’s gas market.
The main obstacles to the realization of this direction are reduction of the
gas needs and liberalization of natural gas trade on the basis of European
principles. Economic evaluation of the feasibility of natural shale gas production
made it possible to forecast its production cost at the wellhead at
different depths and estimate its investment attractiveness in different aggregate
states. On the basis of the approbation of the presented methodological
approach carried out for the Dnieper-Donets and Carpathian shale
basins, it was concluded that the investment attractiveness of the first one
is higher, given its reservoir properties and the presence of deposits of nonconventional
hydrocarbons in different states of aggregation. |
|---|---|
| ISSN: | 2222-0712 2311-1186 |